Analysis: pump.fun may launch a volume incentive program, with the incentive token being PUMP

According to BlockBeats news on July 27, the crypto research organization Dumpster DAO revealed that "pump.fun may be preparing to launch a trading volume incentive program lasting at least 30 days, with the reward token being PUMP. The official Pump SDK has recently been updated to support the incentive mechanism, adding an administrator function that can set incentive parameters including how much PUMP token is distributed daily. Additionally, methods for tracking user trading volume and claiming PUMP rewards have been included. The current incentive plan is based on a 30-day incentive cycle, but if the team is willing, this mechanism can also be reused or extended. The IDL (Interface Description Language) for the Pump bonding curve program was also updated a few hours ago, indicating that trading volume based on bonding curves may also be counted towards incentive rewards. The total number of reward tokens for this incentive program is currently unclear. In an updated SDK test version, it is set to distribute 1 billion PUMP per day. However, this is just a test document; if this pace continues, 3% of the total supply would be distributed in a month, which seems too high, and the actual distribution ratio may be adjusted. These changes have not yet been officially launched. However, given that Pump's trading volume has significantly declined compared to competitors like BONK.fun, the team seems to be trying to regain market share through the incentive program." BlockBeats note: This news has not yet been confirmed by pump.fun officially, and is only discovered by the community through SDK updates, more information awaits official disclosure.